We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share… — Warren Buffett Copy Share Image
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that… — Warren Buffett Copy Share Image
I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated,… — Warren Buffett Copy Share Image
You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your… — Warren Buffett Copy Share Image
A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well — Warren Buffett Copy Share Image
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact,… — Warren Buffett Copy Share Image
Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't… — Warren Buffett Copy Share Image
The most important thing in terms of your circle of competence is not how large the area of it is, but how… — Warren Buffett Copy Share Image
Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices — Warren Buffett Copy Share Image
I know the country works extremely well. You know, but when it isn't clogged up. — Warren Buffett Copy Share Image
Well, it may be all right in practice, but it will never work in theory — Warren Buffett Copy Share Image
If you have a harem of 40 women, you never get to know any of them very well. — Warren Buffett Copy Share Image
Take the job you would take if you were independently wealthy. You're going to do well at it. — Warren Buffett Copy Share Image
You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well. — Warren Buffett Copy Share Image
We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to… — Warren Buffett Copy Share Image
Well, one time some attractive woman sat next to Charlie and asked him what he owed his success to, and, unfortunately, she… — Warren Buffett Copy Share Image
We are trading away a little bit of our country all the time for this access consumption that we have over what… — Warren Buffett Copy Share Image
It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm… — Warren Buffett Copy Share Image
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying… — Warren Buffett Copy Share Image
I have no views as to where it will be, but the one thing I can tell you is it won't do… — Warren Buffett Copy Share Image
In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices.… — Warren Buffett Copy Share Image
We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC… — Warren Buffett Copy Share Image
This economy doesn't work well without the lubrication of credit and trust. — Warren Buffett Copy Share Image
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You… — Warren Buffett Copy Share Image
I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ]. — Warren Buffett Copy Share Image
Equities will do well over time - you just have to avoid getting excited when other people are getting excited. — Warren Buffett Copy Share Image
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained… — Warren Buffett Copy Share Image
I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of… — Warren Buffett Copy Share Image
If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we… — Warren Buffett Copy Share Image
Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in… — Warren Buffett Copy Share Image
I mean, we'll be pounding on the guy's chest, you know, on the floor, and you know, he's not going to just… — Warren Buffett Copy Share Image
The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce. — Warren Buffett Copy Share Image
If you get to my age in life and nobody thinks well of you, I don't care how big your bank account… — Warren Buffett Copy Share Image
Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then,… — Warren Buffett Copy Share Image
Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government… — Warren Buffett Copy Share Image
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual… — Warren Buffett Copy Share Image
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share Image
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share Image
We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are… — Warren Buffett Copy Share Image
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the… — Warren Buffett Copy Share Image
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share Image
I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're… — Warren Buffett Copy Share Image
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to… — Warren Buffett Copy Share Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to… — Warren Buffett Copy Share Image
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share Image
What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it. — Warren Buffett Copy Share Image
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share Image